Famous Toastery vs Phenix Salon Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Famous Toastery vs Phenix Salon Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Famous Toastery Phenix Salon Suites
Investment 600500 - 1024500 308130 - 1387420
Franchise Fee
Royalty Fee 5% $0.30/sq. ft.
Advertising Fee 1%-2% $0.06/sq. ft.
Year Founded 2005 2007
Year Franchised 2013 2010
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Famous Toastery Phenix Salon Suites
Experience

Financing Options
  Famous Toastery Phenix Salon Suites
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Famous Toastery Phenix Salon Suites
Training On-The-Job Training: 744 hours Classroom Training: 32 hours On-The-Job Training: 12 hours Classroom Training: 19 hours
Support Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support
Marketing Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates National Media Regional Advertising Social media Website development
Operations Absentee ownership is allowed

Expansion Plans
  Famous Toastery Phenix Salon Suites
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Famous Toastery
Phenix Salon Suites
Franchise Fee
Famous Toastery
Phenix Salon Suites
Royalty Fee
Famous Toastery 5%
Phenix Salon Suites $0.30/sq. ft.
Advertising Fee
Famous Toastery 1%-2%
Phenix Salon Suites $0.06/sq. ft.
Year Founded
Famous Toastery 2005
Phenix Salon Suites 2007
Year Franchised
Famous Toastery 2013
Phenix Salon Suites 2010
Term Of Agreement
Famous Toastery 10 Years
Phenix Salon Suites 7 years
Renewal Fee
Famous Toastery
Phenix Salon Suites


Business Experience Requirements
Experience
Famous Toastery
Phenix Salon Suites

Financing Options
 
Franchise Fees
Famous Toastery
Phenix Salon Suites
Start-up Costs
Famous Toastery
Phenix Salon Suites
Equipment
Famous Toastery}
Phenix Salon Suites
Inventory
Famous Toastery
Phenix Salon Suites
Receivables
Famous Toastery
Phenix Salon Suites
Payroll
Famous Toastery
Phenix Salon Suites

Training & Support
Training
Famous Toastery On-The-Job Training: 744 hours Classroom Training: 32 hours
Phenix Salon Suites On-The-Job Training: 12 hours Classroom Training: 19 hours
Support
Famous Toastery Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection
Phenix Salon Suites *Site Selection and lease negotiations *Upscale Design and Decor assistance *Assistance with Architects, Engineers and Contractors *Vendor assistance in all areas *Proven Marketing System to fill location with Salon Professionals & tenants *Turnkey business operation *Complete training *Ongoing unlimited support
Marketing
Famous Toastery Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Phenix Salon Suites Ad Templates National Media Regional Advertising Social media Website development
Operations
Famous Toastery
Phenix Salon Suites Absentee ownership is allowed

Expansion Plans
US Expansion
Famous Toastery Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Phenix Salon Suites Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Famous Toastery
Phenix Salon Suites
International Expansion
Famous Toastery
Phenix Salon Suites